University Area, Anchorage Real Estate & Homes For Sale

9 homes

Real Estate & Homes For Sale Near University Area, Anchorage, AK

We found 30 more homes matching your filters just outside University Area

University Area, Anchorage, AK Real Estate Trends

Learn about the University Area, Anchorage, AK housing market through trends and averages.

Affordability of Living in University Area, Anchorage, AK

The median home value is $389,501
MonthMedian home value
August 2025$369k
September 2025$369k
October 2025$371k
November 2025$372k
December 2025$374k
January 2026$376k
February 2026$379k
March 2026$381k
April 2026$383k
May 2026$385k
June 2026$387k
July 2026$390k
View as a graph
Trends and affordability stats are provided by third party data sources.

Average Home Value in University Area, Anchorage, AK, by Home Size

Home SizeHome Value*
1 bedroom (See homes)$193,554
2 bedrooms (See homes)$246,248
3 bedrooms (See homes)$414,112
4 bedrooms (See homes)$468,541
*Home value over the past month

Explore the Neighborhood

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Neighborhood stats provided by third party data sources.

What Locals Say about University Area

  • Lynda S
    University Area, Anchorage
    "UMED district is a quiet neighborhood with several professionals living in the area as it’s close to UA and Providence. It’s close to trails. Neighbors are great and it’s pet friendly. "
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  • Trulia User
    University Area, Anchorage
    "There’s lots of trails in the area to go on runs/walks that connect to some parks. All the dogs that are in the area do seem friendly and like other dogs and children."
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  • Trulia User
    University Area, Anchorage
    "there are many families in this neighborhood, that thinks its safe, and its quiet, some parks in the area are safe"
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  • Anthony L.
    University Area, Anchorage
    "20 minute bike ride on a trail, rain or shine, winter or summer, crossing one busy road, no lights. "
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  • Ahydak
    University Area, Anchorage
    "This is a wonderful neighborhood, lots of families celebrating Halloween and other holidays. People maintain their property and are very friendly. "
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  • Ahydak
    University Area, Anchorage
    "We have lived in this neighborhood for over 11 years. Very friendly neighborhood and people take good care of their homes. "
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  • Paige K.
    University Area, Anchorage
    "It’s within walking distance of the dog park. The sidewalks and trails are well maintained. A majority of the houses have fenced yards."
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  • Andrea
    University Area, Anchorage
    "This neighborhood is prone to high crime due to large number of low income apartments and rentals nearby as well as a homeless shelter. Large numbers of homeless inebriates roam the area."
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  • Devyn K.
    University Area, Anchorage
    "I live near the hospital and traffic can be rough in the morning especially because Tudor is a very busy road but one that is most convenient for our daily commute. Other than that, I love this area so much. It’s close to APU and UAA and my work ANMC. People are friendly. The crime is low here."
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  • Shawnalee W.
    University Area, Anchorage
    "great trail access, a dog park, and a location that keeps you less than 5 mins away from universities and medical campuses, under 10 mins to midtown shopping, and about 12 mins to downtown. great location! plus we're home to East High, the most diverse high school in the country!"
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  • E210wench
    University Area, Anchorage
    "This neighborhood is 15-20 minutes in any direction from the wilds of South Central Alaska, or in Downtown Anchorage. Yet grocery stores, gas stations, schools and restaurants are within 5-8 miles. There are 2 major hospitals within walking distance for great jobs. City bus service in any direction is one block away."
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  • Sarah S.
    University Area, Anchorage
    "It seems to be a dog friendly area. I would recommend living here if you want to live close to the university and own a dog."
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  • Gabby A. O.
    University Area, Anchorage
    "The University area isn’t very dog friendly. Affordable homes that are nice don’t allow pets, but the ones that do allow pets aren’t as nice. Overall, great management but pet owners beware"
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  • Queen B.
    University Area, Anchorage
    "Lived here for a year and neighbors and friendly. Nice neighborhood and very clean. Lots of neighbors walk their dog and keep an eye out for unusual activity."
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  • ak_edm
    University Area, Anchorage
    "near a dog park, two hospital campuses, the University of Alaska campus and the Alaska Airlines Center that hosts shorts and national concert tours. "
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  • Megakarl99
    University Area, Anchorage
    "Good access to university park trails. Low traffic and road noise. Rare to see homeless roaming the neighborhood. "
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  • Kerri C.
    University Area, Anchorage
    "Great Place. Quiet, safe, close to parks, trails, the hospital, university, and not far from base. "
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  • alexis m.
    University Area, Anchorage
    "I live in the area and it is close to restaurants, universities and hospitals. The neighborhood is safe with active police officers living in the area. The drive to midtown is about 7 minutes and 10 to downtown. Close to trails for walking and bike rides."
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Learn more about University Area

See information on schools, amenities and more.See University Area Insights
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Zillow, Inc. are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.